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Corruption investigation expands to finance sector

By Jiang Xueqing | China Daily | Updated: 2015-02-04 07:52

Bank of Beijing Co Ltd Board Director Lu Haijun is being investigated for serious disciplinary violations, the bank said in a statement to the Shanghai Stock Exchange on Tuesday.

Analysts said recent cases involving banks showed that China's anti-corruption campaign has expanded into the financial sector.

Bank of Beijing received a written notice from Beijing Energy Investment Holding Co Ltd about Lu being investigated because he is the former chairman of the company.

Corruption investigation expands to finance sector

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